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North American Grain/Oilseed Review: Canola hits fresh contract lows

By Phil Franz-Warkentin, MarketsFarm Winnipeg, April 18 (MarketsFarm) – ICE Futures canola contracts fell to fresh contract lows on Thursday, retreating from earlier gains as the ongoing trade tensions with China had speculators on the sell side ahead of the long weekend. Markets will be closed on April 19 for Good Friday. While the path […] Read more

Manitoba cattle sales show strength ahead of seeding

Demand is seen rising on weaned cattle ready for grass

Markets were busy across the province during the week ended April 12, as producers hustle to sell off stock before a busy spring. “We may have one big week after seeding, but this will be the last big-volume week,” Rick Wright of Heartland Buying Order Co. at Virden predicted. As spring temperatures rise, demand has […] Read more



Prairie CWRS bids firm as other classes edge lower

Minneapolis and Kansas City May wheat futures both rose on the week

Western Canadian wheat bids were mixed during the week ended April 12, reacting to activity in U.S. futures and a firmer Canadian dollar, with gains in hard red spring wheat and losses in Prairie spring wheat. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $1-$5 per tonne at […] Read more


Canola firm at midday Thursday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 18 (MarketsFarm) – ICE Futures canola contracts were holding onto small gains at midday Thursday, finding some support from advances in Chicago Board of Trade soyoil. A lack of significant farmer selling and expectations for reduced Canadian canola acres this spring also underpinned the futures. Statistics Canada releases its […] Read more



ICE canola futures: Early bids lower ahead of Good Friday holiday

By Glen Hallick, MarketsFarm WINNIPEG, April 18 (MarketsFarm) – ICE Futures canola contracts were down in early trade Thursday morning, with volumes lighter than what has been experienced this week. The May canola contract was down 30 cents, at C$450.90 per tonne. The July contract also slipped 30 cents, at C$458.40 per tonne. The Intercontinental […] Read more


North American Grain/Oilseed Review: Canola falls with soybeans

By Phil Franz-Warkentin, MarketsFarm Winnipeg, April 17 (MarketsFarm) – ICE Futures canola contracts were weaker on Wednesday, nearing major chart support as bearish technical signals and spillover from the losses in Chicago Board of Trade soybeans weighed on values. The ongoing trade tensions with China and lack of progress on that front also weighed on […] Read more

Canola weakens at midday, spread trade the feature

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 17 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Wednesday, with much of the activity linked to participants rolling their positions out of the nearby May contract and into July. The May/July spread traded from C$7.10 to C$7.70 under, accounting for over three-quarters of the contracts traded […] Read more


ICE canola futures: Bids dropping in early trade

By Glen Hallick, MarketsFarm WINNIPEG, April 17 (MarketsFarm) – ICE Futures canola contracts were down in early trade Wednesday morning, as traders rolling out of May contracts into July continue to be a major feature. The May canola contract was down C$1.10, to be at C$453.40 per tonne, and the July contract lost C$1.40, to […] Read more

North American Grain/Oilseed Review: Canola weakens in thin trade

By Phil Franz-Warkentin, MarketsFarm Winnipeg, April 16 (MarketsFarm) – ICE Futures canola contracts were weaker on Tuesday, although activity was thin and choppy with spreading the feature. Losses in Chicago Board of Trade soy complex and a steady tone in the Canadian dollar accounted for some of the selling pressure, as crush margins deteriorated on […] Read more